MERCOSUR: Computing Machinery Market 2024

Computing Machinery Market Size in MERCOSUR

In 2021, the MERCOSUR computing machinery market increased by 26% to $X, rising for the second year in a row after seven years of decline. Over the period under review, consumption, however, continues to indicate a pronounced decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Computing Machinery Production in MERCOSUR

In value terms, computing machinery production amounted to $X in 2021 estimated in export price. In general, production showed a abrupt decline. The growth pace was the most rapid in 2014 when the production volume increased by 9.5%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Computing Machinery Exports

Exports in MERCOSUR

In 2021, overseas shipments of computing machinery and parts and accessories thereof were finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by 52%. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, computing machinery exports skyrocketed to $X in 2021. Overall, exports, however, showed a abrupt shrinkage. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Brazil (X tons) represented the major exporter of computing machinery and parts and accessories thereof, comprising 72% of total exports. It was distantly followed by Chile (X tons), comprising a 16% share of total exports. Colombia (X tons), Peru (X tons) and Uruguay (X tons) held a minor share of total exports.

Exports from Brazil decreased at an average annual rate of -7.4% from 2012 to 2021. Chile (-3.2%), Colombia (-3.9%), Uruguay (-6.1%) and Peru (-9.3%) illustrated a downward trend over the same period. While the share of Chile (+4.9 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Brazil (-2.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Chile ($X) and Colombia ($X) were the countries with the highest levels of exports in 2021, together accounting for 90% of total exports.

Colombia, with a CAGR of +2.4%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, increasing by 25% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Chile ($X per ton), while Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+8.7%), while the other leaders experienced more modest paces of growth.

Computing Machinery Imports

Imports in MERCOSUR

In 2021, purchases abroad of computing machinery and parts and accessories thereof increased by 18% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, recorded a noticeable curtailment. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, computing machinery imports skyrocketed to $X in 2021. In general, imports, however, showed a slight shrinkage. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Brazil was the key importer of computing machinery and parts and accessories thereof in MERCOSUR, with the volume of imports reaching X tons, which was approx. 40% of total imports in 2021. Peru (X tons) ranks second in terms of the total imports with a 13% share, followed by Colombia (13%), Argentina (12%) and Chile (12%). The following importers - Ecuador (X tons) and Paraguay (X tons) - together made up 6.8% of total imports.

Imports into Brazil decreased at an average annual rate of -4.8% from 2012 to 2021. Chile and Peru experienced a relatively flat trend pattern. Argentina (-1.7%), Colombia (-3.5%), Ecuador (-6.1%) and Paraguay (-6.5%) illustrated a downward trend over the same period. Chile (+4.3 p.p.), Peru (+4.2 p.p.) and Argentina (+2.7 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest computing machinery importing markets in MERCOSUR were Brazil ($X), Chile ($X) and Argentina ($X), with a combined 65% share of total imports.

In terms of the main importing countries, Chile, with a CAGR of +4.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per ton, increasing by 18% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Chile ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+5.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform